{"id":14733,"date":"2024-07-04T09:41:07","date_gmt":"2024-07-04T01:41:07","guid":{"rendered":"https:\/\/www.1ai.net\/?p=14733"},"modified":"2024-07-04T09:41:07","modified_gmt":"2024-07-04T01:41:07","slug":"%e5%9b%a0-ai-%e9%9c%80%e6%b1%82%e6%bf%80%e5%a2%9e%ef%bc%8c%e9%9f%a9%e5%9b%bd%e5%a4%a7%e5%b9%85%e8%b0%83%e9%ab%98%e7%bb%8f%e6%b5%8e%e5%a2%9e%e9%95%bf%e9%a2%84%e6%b5%8b","status":"publish","type":"post","link":"https:\/\/www.1ai.net\/en\/14733.html","title":{"rendered":"South Korea slashes economic growth forecast as AI demand surges"},"content":{"rendered":"<p><a href=\"https:\/\/www.1ai.net\/en\/tag\/%e9%9f%a9%e5%9b%bd\" title=\"_Other Organiser\" target=\"_blank\" >South Korea<\/a>Due to the surge in global demand for artificial intelligence,<a href=\"https:\/\/www.1ai.net\/en\/tag\/%e5%8d%8a%e5%af%bc%e4%bd%93\" title=\"[See articles containing [semiconductor] labels]\" target=\"_blank\" >semiconductor<\/a>Exports hit a record high and the government sharply raised its economic growth forecast.<\/p>\n<p>According to the Ministry of Finance&#039;s statement on Wednesday, the government expects GDP to grow by 2.61% this year, 0.4 percentage points higher than the previous forecast. Meanwhile, the inflation rate remains unchanged at 2.61%. The forecast is 0.1 percentage point higher than the Bank of Korea&#039;s forecast, showing the optimistic trend of South Korea&#039;s rapid economic growth.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-14734\" title=\"202311231137397139_4\" src=\"https:\/\/www.1ai.net\/wp-content\/uploads\/2024\/07\/202311231137397139_4.jpg\" alt=\"202311231137397139_4\" width=\"1000\" height=\"752\" \/><\/p>\n<p>Source Note: The image is generated by AI, and the image is authorized by Midjourney<\/p>\n<p>People&#039;s optimism about the economic outlook is also reflected in export data. The South Korean government announced on Monday that South Korea exported a record number of semiconductors in June this year, driving the country&#039;s trade surplus to US$8 billion, the largest level since 2020.<\/p>\n<p>Despite the high interest rates, the South Korean government remains optimistic about economic growth. South Korea now expects a current account surplus of $63 billion this year, $3 billion higher than the previous forecast of $50 billion. This figure will also be a significant increase from last year&#039;s $35.5 billion. However, the government remains concerned about the speed of recovery in private consumption and the persistence of credit risks in the construction sector. Facility investment in export-related areas is expected to rebound, but financing conditions in the construction industry may remain weak.<\/p>","protected":false},"excerpt":{"rendered":"<p>South Korea's government has sharply raised its economic growth forecast as semiconductor exports hit a record high on surging global demand for artificial intelligence. According to a statement from the Ministry of Finance on Wednesday, the government expects gross domestic product to grow by 2.61 TP3T this year, 0.4 percentage points higher than the previous forecast. Meanwhile, inflation remains unchanged at 2.61 TP3T. This forecast is 0.1 percentage points higher than the Bank of Korea's forecast, showing optimism for rapid economic growth in Korea. Source Note: Image generated by AI, image licensed to service provider Midjourney Optimism about the economic outlook is also reflected in export data, with the South Korean government announcing Monday that the country exported a record number of semiconductors in June this year, driving the country's trade surplus to $8 billion, the largest since 2020<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[146],"tags":[3329,1731],"collection":[],"class_list":["post-14733","post","type-post","status-publish","format-standard","hentry","category-news","tag-3329","tag-1731"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/posts\/14733","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/comments?post=14733"}],"version-history":[{"count":0,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/posts\/14733\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/media?parent=14733"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/categories?post=14733"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/tags?post=14733"},{"taxonomy":"collection","embeddable":true,"href":"https:\/\/www.1ai.net\/en\/wp-json\/wp\/v2\/collection?post=14733"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}